Tag:
fixed income

“Who you trying to get crazy with this thing? Don't you know I'm loco?”(*) Hip-hop does not have a lot in common with financial markets and this 1993 song from Cypress Hill was obviously not aimed at giving any reference to any asset class whatsoever. But when looking at the…

2018 was a brutal year for financial assets. A chart issued by Morgan Stanley shows all 17 major asset classes down for the year. Fixed income and equities in both Developed and Emerging Markets, and Commodities all fell. The indices disguise the true extent of the damage. The index heavy…

2018: No place to hide to make money. 2019: Typically, reversion. During 2018, all major asset classes delivered negative returns as can be seen above. EQUITIES 2018: Starting valuations were very demanding. During the year, equity investors were scared by the coming slowdown (some even talk about recession), the US-China…